Dr. Mohamed Said Al-Assar, Minister of State for Military Production, witnessed the signing of a memorandum of understanding between the National Commission for Military Production and the Office for the Development of Small and Medium Enterprises at the head office of the Ministry of Military Production .
Al-Assar pointed out that the two parties will work together in the Memorandum of Understanding to support small and medium-sized enterprises and to develop them. The different types of support will be provided to the owners of these projects through technical and administrative training, technical and marketing support, according to the technical studies that will be prepared by the national authority for military production in collaboration with the SME.
He pointed out that joint cooperation fits within the framework of the willingness of the state to reduce the unemployment rate and increase the productivity of Egyptian labor, which contributes to strengthening the national economy.
Nivine Jameh, Chief Executive Officer of the Small, Medium and Medium Enterprises Development Agency, expressed her confidence in the success of the collaboration with the Ministry of Military Production because of its production, technical and human capabilities, making it efficient and accurate can participate in the implementation of national projects and development projects. For international quality standards and competitive prices.
Jamea explained that SMEME will provide funding to MKSE & # 39; s directly or through intermediaries that will conclude an agreement with the NTRA in accordance with the rules and regulations set out in the NTRA credit policy. Providing employment to citizens, especially young people, "between 21 and 50 years old" and encouraging them to take part in the field of work other than in paid employment, thereby improving their economic and social conditions.
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